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updated 19 Apr 2014, 05:07
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The New Paper
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Premium factory outlet to open in Johor

AJOINT venture between Chelsea Premium Outlets and Genting Group aims to develop Malaysia into a shopping paradise.

Malaysian Prime Minister Najib Razak got confirmation that the deal to bring a world-class premium factory outlet centre to Johor as part of the Iskandar Malaysia project is on track.

The centre is expected to attract about four million visitors annually, reported The Star.

Mr Najib had a discussion with representatives from the Chelsea Property Group in New York on Monday and was informed that construction is expected to start early next year and will be scheduled for completion by mid-2011.

Chelsea Premium Outlets is owned by Chelsea Property Group, the world’s largest owner, developer and operator of upscale outlet centres in the United States, Japan and South Korea.

Its centre in New York, Woodbury Common, lures millions of shoppers with discounted items from designer brands, like Coach, Gucci, Zegna, and Burberry.

The items, which are a season old, are between 25 per cent and 60 per cent cheaper.

Mr Najib said: “It is the first (Chelsea) centre in the (Asean) region and I’m very happy that they have chosen Malaysia.”

He said there was a slight delay in the Malaysian project earlier as the Chelsea Group had wanted to regroup its finances during the economic crisis.

“Now that they have done so, they’ve got additional reserves for the project.”

This article was first published in The New Paper.

readers' comments
Well, shybunny, you'd better hold on tight to your purse, handbag or whatever it is when shopping in Johore bec its not worth the stress or the hassles..make sure u leave essential docs apart fr passport at home before crossing the causeway..bec it going to be a real ***** to replace them if its stolen...leceh lah...
Posted by chieftain on Mon, 30 Nov 2009 at 16:35 PM
I foresee myself to be one of the four million people!!! Act poorer than the robbers can alr!
Posted by shybunny on Mon, 30 Nov 2009 at 15:55 PM
Well if S'porean shoppers can brave the crime rates there, by all means patronise it but of course it depends if they still got money to shop after kena rob...
Posted by chieftain on Mon, 30 Nov 2009 at 13:58 PM

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